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Disucss what is meant by ‘the danger of over-investment'? What are the benefits of ‘shifting the focus from investment to consumption'?
How might the current London congestion charge be modified if it is to move more closely towards a Pigouvian tax which charges individual drivers.
Town bought by power company In 2002 America's largest power generator found a unique way. How does the idea of negative externalities apply to this case study?
Tighter rules help to lift SIG sales SIG is confident of delivering full-year profits. How might tighter regulations have helped SIG to boost its sales?
Why did the Competition Appeal Tribunal overrule the OFT in this particular case? What implications does this have for merger policy in the UK?
What is the European Commission's attitude to such aid and subsidies? Consider some of the implications that might follow from this ruling against Ryanair.
UK Britain is still the most expensive car market in the European Union despite. Why do you think car prices are higher in the UK than in other EU countries?
Explain what does the case study imply is happening, as a result of increased smuggling, to the effective price elasticity of demand for tobacco in the UK?
Can you identify any constraints for the French government in seeking to raise cigarette taxes still further?
Explain the ‘disappointment' of Eurotunnel and other Channel Tunnel transporting companies in seeing their revenues fall from price-cutting strategies.
Why is there a thriving ‘black market’ for tickets at Wimbledon? How might this problem be overcome?
Analyze how the price mechanism might be applied to easing the problems of traffic congestion in city centres.
Use your knowledge of the price mechanism to explain why strawberries are cheaper in the summer in the UK than they are in the winter.
Coffee bars have been accused of charging excessive prices and failing to pass. Can you use demand and supply analysis to explain any of these findings?
Use the ideas in the case study to suggest how you might go about making your decision.
Can you suggest why governments might be wary of making the motorist pay the full private and social costs of any journey?
In the Stackelberg model, the firm that moves first produces more than it does in Cournot's model. How does moving first reduce the revenue destruction effect?
How do you explain the difference between USA and Brazil in terms of foreign cement producers market shares?
What would you consider to be the potential advantages and disadvantages for these states seeking to move from a command to a market economy?
In the market for vacuum cleaners, how will moving to Malaysia help to shift Dyson's supply curve to the right (increase)?
Explain what is happening to the demand curve for singles? Do you agree with the suggestion that the CD has ‘no future'? Explain your reasoning.
Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class.
How do you think the difference in the way judges and legislators are selected affects the way they fashion legal rules?
What does it mean to say that judges decide cases by precedent? Describe the costs and benefits of this method of judicial decision making.
Describe the conditions that must be satisfied in order for the common law to evolve toward efficiency without the conscious help of judges or litigants.